Total prospectivity, Multi-criteria assessment to balance geological, economic and environmental factors in mineral exploration

<div>Mineral exploration and development involves the selection of potential projects which must be evaluated across disparate characteristics. However, the distinct metrics involved are typically difficult to reconcile (e.g. geological potential, environmental impact, jobs created, value generated, etc.). Separate stakeholders—with different goals and attitudes—will reasonably differ in their preferences as to which categories to prioritize and how much weight to give to each. These conflicting preferences can obscure optimal outcomes and confound project selection.</div><div><br></div><div>In this presentation, we will discuss how early-stage exploration decisions can be treated as multi-criteria optimization problems. We show how this approach can be used to effectively evaluate and communicate competing criteria, and locate regions that perform best under a range of different metrics. We then outline a mapping framework that identifies regions that perform best in terms of geological potential, economic value and environmental impact and demonstrate this approach in a real-word example that highlights new exploration targets in the Australian context.


Abstract presented at the American Geophysical Union (AGU) Fall Meeting 2023 (AGU23)

https://www.agu.org/fall-meeting

Simple

Identification info

Date (Creation)
2023-07-29T16:00:00
Date (Publication)
2024-08-05T02:32:17
Citation identifier
Geoscience Australia Persistent Identifier/https://pid.geoscience.gov.au/dataset/ga/148659

Cited responsible party
Role Organisation / Individual Name Details
Publisher

Commonwealth of Australia (Geoscience Australia)

 Voice
Author

Walsh, S.D.C.

 External Contact
Author

Haynes, M.

 Internal Contact
Author

Weng, Z.

 Internal Contact
Author

Wang, C.

 Internal Contact
Name

American Geophysical Union Fall Meeting 2023 (AGU23) 11-15 December 2023 San Francisco, California

Purpose

Abstract submitted for an oral presentation at the American Geophysical Union Fall Meeting 2023.

Status
Completed
Point of contact
Role Organisation / Individual Name Details
Resource provider

Minerals, Energy and Groundwater Division

 External Contact
Point of contact

Commonwealth of Australia (Geoscience Australia)

 Voice
Point of contact

Haynes, M.

 Internal Contact
Spatial representation type
Topic category
  • Geoscientific information

Extent

N
S
E
W


Maintenance and update frequency
Not planned

Resource format

Title

Product data repository: Various Formats

Website

Data Store directory containing the digital product files

Data Store directory containing one or more files, possibly in a variety of formats, accessible to Geoscience Australia staff only for internal purposes

Project

  • Economic Fairways

Project

  • Australia’s Resources Framework

Project

  • EFTF – Exploring for the Future

Keywords

  • Mineral potential

Keywords

  • Environmental

Keywords

  • Social

Keywords

  • Governance

Keywords

  • ESG

Keywords

  • Economics

Keywords

  • Resource development

theme.ANZRC Fields of Research.rdf

  • Geology

  • Urban And Regional Planning

  • Engineering

  • Human Society

Keywords

  • Published_External

Resource constraints

Title

Creative Commons Attribution 4.0 International Licence

Alternate title

CC-BY

Edition

4.0

Website

https://creativecommons.org/licenses/by/4.0/

Addressee
Role Organisation / Individual Name Details
User

Any
Use constraints
License
Use constraints
Other restrictions
Other constraints

© Monash University & Commonwealth of Australia (Geoscience Australia) 2023

Resource constraints

Title

Australian Government Security Classification System

Edition date
2018-11-01T00:00:00
Website

https://www.protectivesecurity.gov.au/Pages/default.aspx

Classification
Unclassified
Classification system

Australian Government Security Classification System

Language
English
Character encoding
UTF8

Distribution Information

Distributor contact
Role Organisation / Individual Name Details
Distributor

Commonwealth of Australia (Geoscience Australia)

 Voice facsimile
OnLine resource

Link to Conference Page

Link to Conference Page

Distribution format

OnLine resource

Link to Abstract

Link to Abstract

Distribution format

Resource lineage

Statement

<div>Novel algorithms for holistic mineral potential mapping developed under the Economic Fairways project.</div>

Metadata constraints

Title

Australian Government Security Classification System

Edition date
2018-11-01T00:00:00
Website

https://www.protectivesecurity.gov.au/Pages/default.aspx

Classification
Unclassified

Metadata

Metadata identifier
urn:uuid/a00fac1f-e1ca-4103-a87f-b36661a3075a

Title

GeoNetwork UUID

Language
English
Character encoding
UTF8
Contact
Role Organisation / Individual Name Details
Point of contact

Commonwealth of Australia (Geoscience Australia)

 Voice
Point of contact

Haynes, M.

 Internal Contact

Type of resource

Resource scope
Document
Name

Conference Abstract

Alternative metadata reference

Title

Geoscience Australia - short identifier for metadata record with

uuid

Citation identifier
eCatId/148659

Metadata linkage

https://ecat.ga.gov.au/geonetwork/srv/eng/catalog.search#/metadata/a00fac1f-e1ca-4103-a87f-b36661a3075a

Date info (Creation)
2024-02-19T01:00:05
Date info (Revision)
2024-02-19T01:00:05

Metadata standard

Title

AU/NZS ISO 19115-1:2014

Metadata standard

Title

ISO 19115-1:2014

Metadata standard

Title

ISO 19115-3

Title

Geoscience Australia Community Metadata Profile of ISO 19115-1:2014

Edition

Version 2.0, September 2018

Citation identifier
http://pid.geoscience.gov.au/dataset/ga/122551

 
 

Spatial extent

N
S
E
W


Keywords

Australia’s Resources Framework EFTF – Exploring for the Future Economic Fairways
theme.ANZRC Fields of Research.rdf
Engineering Geology Human Society Urban And Regional Planning

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